BriefingWire.com, 5/22/2020 - Digitalization has brought along both bane and boon. It has paved the way for continuous bombardment of advertisements and virus attack, which is why web filters are getting upgraded constantly. The aim is to take out any kind of malware and online bugs. This blocking of unnecessary contents increases productivity and network speed. The global web filtering market is all set to gain 14.05% CAGR during the forecast period (2017-2023). Market Research Future’s (MRFR’s) prediction showcases a possibility of attaining USD 5.5 billion valuation by the end of 2023.

The market is enduring an exacting period with its robust growth coming to an abrupt halt in light of the COVID-19 pandemic. MRFR report on market highlights the future prediction and the growth alternatives that can be created.

Segmentation:

Based on the filtering type, the web filtering market can be segmented into DNS filtering, URL filtering, file type filtering, keyword filtering, and others like profile filtering and image filtering. The keyword filtering segment is gaining much traction due to the presence of technologies like Google Adwords and others.

Based on the deployment, the web filtering market includes on-premise and on-cloud. The on-cloud segment has huge potential as it is cost-effective and easy to access. In the coming years, the inclusion of this technology would ensure easy growth.

Based on the vertical, the global web filtering market can be segmented into BFSI, retail, healthcare, IT & Telecommunication, education, manufacturing, and others. The BFSI segment is providing much traction to safeguard their client data and retain the customer loyalty.

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